Trump Organization Is Said to Be in Talks on a Saudi Government Real Estate Deal

('While Saudi Arabia officially abolished slavery in 1962, human rights organizations widely report that a system of modern slavery and forced labor persists, including within the building and construction sectors. This is largely a result of the exploitative kafala sponsorship system, which ties migrant workers to their employers and creates conditions conducive to abuse'  AI

Trump now supports massive increases in H1b immigration because the TechBro Billionaires he is beholden to want that cheap labor. U.S. educated citizens come out of school and can't get jobs because these assholes ship in workers at 1/3rd the cost of local talent and skill. When they come over here they are 'sponsored' by a company, owned if you will, and are beholden to them to take what they offer and keep their mouths shut. It's same fucking system used by the absolute monarchies in places like Oman, Saudi Arabia and UAE. Slaves, in other words. And is what Trump now supports overseas and back home in America. So much for populism. Last I checked, slavery isn't populist.) 

from the NYT

The Trump Organization is in talks that could bring a Trump-branded property to one of Saudi Arabia’s largest government-owned real estate developments, according to the chief executive of the Saudi company leading the development.

The negotiations are the latest example of Mr. Trump blending governance and family business, particularly in Persian Gulf countries. Since returning to office, the president’s family and businesses have announced new ventures abroad involving billions of dollars, made hundreds of millions from cryptocurrency, and sold tickets to a private dinner hosted by Mr. Trump.

Mr. Trump is set to host Crown Prince Mohammed bin Salman, Saudi Arabia’s de facto ruler, in Washington next week.

The prince is overseeing a $63 billion project that is set to transform the historic Saudi town of Diriyah into a luxury destination with hotels, retail shops and office space. The Trump business has a history of lending its name to mixed-use projects touting “iconic luxury.”

“Nothing announced yet, but soon to be,” Jerry Inzerillo, chief executive of the Diriyah development and a longtime friend of President Trump, said in an interview. He said it was “just a matter of time” before the Trump Organization sealed a deal...

read more here